$645,000
SOLD MAY 17, 2017

41771 Ocean Ln Avon, NC 27915

Avon Neighborhood
5 Beds
3.5 Baths
3,376 Sq Ft
0.34 Acres

Recently Sold

$191 Per Sq Ft

7% Below List Price

99 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Community Beach Access
  • Spa
  • Cathedral Ceiling

About This Home

As of May 2017

Stunning ocean views and relaxing vacation memories await you. Tommy Bahama themed for quality comfort! New septic system, new window blinds, new roof, new skylights, new water heaters, some new light fixtures & faucets, all new kitchen furnishings, new ceiling fans, upgrades to plumbing/electrical, new hot tub pump & cover, loaded with new art work, new windows and cedar shakes on south end, 2 new HVAC's, one new air handler, new deck furnishings to include hammock, swing, lots of chairs, tables, rack, foot stools & Sunbrella cushions. Picnic table and grill. Chateau Sur Mer is casual and inviting to suit the needs of the whole family. Surround sound in the living area. Fantastic hot tub on the first floor deck for a quiet and relaxing evening soak, a foosball table in the game room with a spectacular view, elevated jetted tub in the top floor loft bedroom. The chef in the family will be delighted to cook in the spacious fully loaded gourmet kitchen with beautiful, new, high-end appliances, granite counter tops, wet bar, breakfast bar and a Keurig coffee system. The living room has seating for the whole family and views of the Atlantic Ocean that go on forever!! The reading nook off of the living room has comfortable cushions and pillows for the reader and WIFI in the home to download a new book on your favorite e-reader. Seven new TV's. Blu-ray players in four bedrooms and the recreation room. 2017 offers the full Gold Club Membership to Spa Koru which includes unlimited access to the oceanfront pool, the Avon Pier, as well as the fitness center and all of their classes including Yoga by the Beach. Customized man cave with workbench, hooks and racks for your beach/fishing gear. Kayak/Surfboard storage. Outside shower. LED outside lighting. Fish cleaning station. Basketball hoop. Large concrete driveway/carports with plenty of parking. Seller may utilize 1031 tax exchange.

Last Agent to Sell the Property

Misty Gillikin

ROG OBX, Inc License #252438 Listed on: 01/08/2017

Last Buyer's Agent

Jeanne-Marie DeStefano

Keller Williams - Outer Banks License #282161

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75' x 200'
  • Beach Front
  • 75 Feet of Waterfront
  • Landscaped
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,376 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Workshop

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot # 24

Community Details

Overview

  • Association fees include management
  • Bob Huang Association
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 1988

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: Hwy 12 to Avon. Turn east on Myrtle (across from the Sun Realty by Food Lion) then left onto Ocean View Dr. Beach home on the right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Storm Windows, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores Phase 2
  • Headline: Turnkey w/$50k Rents 2017
  • Heated Sq Ft: 3376
  • L V T Date: 01/08/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0252
  • Office License Number: C3211
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: 28 x 11.5, On Level: 3
  • Bedroom 2: 14.5x13.5, On Level: 1
  • Bedroom 3: 14.5x12.5, On Level: 1
  • Bedroom 4: 13 x 12, On Level: 1
  • Bedroom 5: 15 x 10, On Level: 1
  • Kitchen: 15' x 16', On Level: 2
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Pantry, Skylight, Wet Bar
  • Dining Room: 16' x 13', On Level: 2
  • Game Room: 16x11.5, On Level: 2
  • Living Room: 25' x 24', On Level: 2
  • Optional Room 2: 9.5 x 7, On Level: 2
  • Optional Room 3: 11.5 x 11, On Level: 1
  • Optional Rooms: Foyer, Game Room, Workshop
  • Partial Bathrooms: 1
  • Optional Room 1: 12 x 8, On Level: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 48x8,12x16
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • Sun Deck Size: 10 x 24
  • View: Ocean, Park Serv/Preserve
  • Water Frontage: 75

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 275
  • Hoa Contact: Bob Huang
  • HOA Contact: Treasurer@KSPOA

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level
  • Lot Faces: W
  • Lot Size: 75' x 200'
  • Lot Number: Lot # 24
  • Deed Book: 2035

Rental Info

  • Lease Terms: Weekly
  • Maintenance Expenses: 1000
  • Other Expenses: 305600
  • Poolspa Expense: 475
  • Rental Co: Sun Realty
  • Rental Cottage Name: Chateau Sur Mer
  • Rental Cottage Number: KIN-224
  • Rental Phone Number: 252-995-5821
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2000
  • Annual Electric: 3000
  • Annual Water Expense: 500

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2016
  • Taxes: 3645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Farruggio James F and Farruggio Diane L
Bought by
Alam Shah K
Current Estimated Value
$1,112,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$3,737
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,157,865

Purchase Details

Listed on
Jan 10, 2014
Closed on
Feb 11, 2014
Sold by
Us Bank Na
Bought by
Flannery Rees C
Seller's Agent
Pace Mimms
Default, Office
Buyer's Agent
Misty Gillikin
ROG OBX, Inc
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$200,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Luchs Richard W and Luchs Laurel V
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 1, 2005
Sold by
Luchs Barbara B
Bought by
Luchs Richard W and Luchs Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 None Available
Special Warranty Deed $395,000 None Available
Trustee Deed $562,825 None Available
Warranty Deed $100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Credit Line Revolving
Open $510,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $410,000 Credit Line Revolving
Previous Owner $620,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $645,000 -7.2% $191 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $695,000 +75.9% $206 / Sq Ft
02/18/2014 02/18/14 Sold $395,000 -1.2% $127 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $399,900 -- $128 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,964 $704,400 $331,400 $373,000
2023 $5,964 $719,320 $331,400 $387,920
2022 $5,892 $719,320 $331,400 $387,920
2021 $5,820 $719,320 $331,400 $387,920
2020 $4,012 $719,320 $331,400 $387,920
2019 $4,068 $611,400 $305,600 $305,800
2018 $4,068 $611,400 $305,600 $305,800
2017 $4,068 $611,400 $305,600 $305,800
2016 $3,645 $584,500 $305,600 $278,900
2014 $3,654 $584,500 $305,600 $278,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94757

Outer Banks Association of REALTORS®

APN: 029593024